Bloomberg sees losses after spending over $ 100 million in Florida, Ohio, Texas

Mike Bloomberg

Johannes Eisele | AFP | Getty Images

Billionaire and former presidential candidate Mike Bloomberg’s investment of more than $ 100 million in three major states has leveled off as President Donald Trump appears to have won them all.

A few months after Bloomberg left the Democratic primary, New York business leaders flocked with advisors to plan a blitzkrieg of spending to help Democratic candidate Joe Biden overtake Trump. I did. It was initially decided that most of the $ 100 million spending would go to Florida’s central states. He then added Ohio and Texas to the mix.

NBC News predicts Trump will beat Biden in these states. Bloomberg’s team believed that if they spent a lot of money in Florida, Trump and his allies would be forced to move resources from other parts of the country to major fierce battle states.

“Our goal is to fight for the states that Trump took for granted, draw resources from the blue-walled states, and Joe Biden is more in those states,” said Kevin Seeky, Bloomberg’s adviser. It was to be competitive. ” “To make Trump fight like hell in Florida.”

Still, Bloomberg’s huge losses in 2020 are a big blow, given that he is known as one of the Democratic major kingmakers. His net worth exceeded $ 54 billion and spent $ 1 billion in the presidential primary, resulting in only dozens of delegates, including attendees from the American Samoa caucuses.

The respect Bloomberg had within the party was evident in the accumulation of election days when he cultivated millions of people in Sunshine.

Democratic leaders are personally convinced that Bloomberg is trying to defeat Trump, partly due to the flood of ads on the airwaves, according to people familiar with the unnamed issue. I was starting. They believed that Bloomberg’s messaging machine was enough to kick Biden out of the way and return Florida to the Democratic Party after defeating Florida in 2016.

There was even an argument that some Democratic leaders were trying to persuade Biden to offer Bloomberg a cabinet post, these people added. These efforts don’t seem to be working anymore, and it’s unclear whether Biden or Bloomberg will entertain the idea. These people were not named because the discussions and plans were private.

Beyond the presidential election, the outcome of Bloomberg’s decision in 2020 could influence his involvement in the upcoming New York City Mayor’s election.

At the end of the presidential election, Bloomberg was trying to plan ways to potentially spend a lot of money on the race, these people pointed out. The term of Mayor Bill de Blasio will end on the first day of 2022. The presidential election is still underway, and it’s unclear what the former New York City mayor Bloomberg is planning for a former city contest.

Bloomberg was not particularly deeply involved in the important US Senate races. Democrats seem to be on track that hasn’t reached the majority at the Chamber of Commerce.

Bloomberg’s spending in the second half of the presidential election is more than just investing in advertising purchases.

Bloomberg’s super PAC, Independence USA, spent just over $ 36 million in Florida between September and November, according to data from Advertising Analytics. PAC also spent $ 6.9 million on ads airing in Texas and $ 3.3 million in Ohio.

The data does not include ads funded by Bloomberg through parent Biden Super PACs such as Priorities USA Action.

Bloomberg’s resources are also directed to many companies, some of which have a direct relationship with him.

Hawkfish, a data company founded by Bloomberg, received more than $ 3.2 million during the 2020 election cycle, according to data from the nonpartisan Center for Responsions. The company was also used in the Bloomberg presidential election.

The data company has partnered with parent Bidden’s super PAC, Unite the Country, to track votes in Florida. The two organizations regularly explained to reporters about the state of activity in Sunshine and discussed the theory of the potential of the “red mirage.”

Another group who saw the payday from Bloomberg’s PAC is Shane Cooperman Research, a company founded by former New York City Mayor long-time pollster Doug Shane.

Bloomberg sees losses after spending over $ 100 million in Florida, Ohio, Texas

Source link Bloomberg sees losses after spending over $ 100 million in Florida, Ohio, Texas

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